The typical process involves an interview with the local Production Manager, the Area Vice President and in some cases, a member of the Executive Staff. Every candidate will be subject to a background check prior to coming on board.

Are there any quotas I must meet?

No, since we target successful and experienced LO’s, we expect everyone to produce at a reasonable level.

Do I need a license?

Depending on the State in which you plan on writing loans, you may. Please check with our HR department to review your specific situation.

Do I work out of my house or come in to the office?

You may work out of your home, or from your own self-provided office.

What Lenders am I able to use?

UMAX has partnered with an extensive list of lenders. However, if the lender you would like to work with isn’t on our approved lender list, we will gladly entertain adding them to our pool of lenders.

How do you process loans?

All of our loans are centrally processed by our highly experienced in-house team.

What would my employment status be?

Depending on the State in which you reside, and the position within UMAX you are brought on for, you may be either 1099 or W-2. Our HR department can easily answer this for your specific situation. LO’s are typically 1099 unless they originate FHA loans.

How often will I be paid?

We pay All MA/LO’s on a weekly basis every Friday.

Do you utilize and provide an LOS?

Yes, we currently utilize and provide Calyx Point 6.1.

May I use my own title/escrow company?

Yes

May I use my own appraiser?

Yes

Do you provide leads?

From time-to-time we generate leads from various sources. These leads are typically provided free to our top producers as an additional incentive.

Who pays for my expenses?

You are responsible for all your own expenses.